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100 Pesos Silver Certificate Issue

Issuer General Treasury of the Republic
Year 1936-1948
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Size 156 x 67 mm
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Obverse description Central vignette of Francisco Aguilera Tamayo's portrait, printed in black and violet with a red serial number. A red seal of the General Treasury appears at left, set against a fine guilloche underprint. The note carries the denomination and issuer inscription in intaglio lettering across the face.
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Variants P#74a - 1936
P#74b - 1938
P#74c - 1943
P#74d - 1945
P#74e - 1948
Comments

The Philippine Silver Certificate series was a direct product of the Tydings-McDuffie Act framework — issued under the Commonwealth government as the Philippines transitioned toward the independence that finally arrived in 1946. The General Treasury designation reflects the Commonwealth's fiscal authority, operating parallel to but distinct from the Philippine National Bank's own issues of the period.

Printing by the U.S. Bureau of Engraving and Printing placed this note among the security-grade issues of the era, but the series faced an abrupt and total interruption: Japanese forces destroyed virtually the entire available stock during the occupation beginning December 1941, and surviving pre-war examples are genuinely rare as a result.